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Genifuel HTP Overview

James Oyler, President

Genifuel Corporation

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BackgroundGenifuel technology includes licenses from the US

Department of Energy, which developed it for more than

40 years at Pacific Northwest National Laboratory

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Technical Concept

• The technology is called

Hydrothermal Processing

(HTP) and is similar to the

formation of fossil fuels, but

in 30 minutes rather than

millions of years

• HTP uses temperature,

pressure, and water to

eliminate wet waste by

converting it to oil and gas

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Use With All Kinds of Wastes

Wastewater Solids Animal WasteDrink and Food

Processing

Chemical Waste

Primary focus is

wastewater solids

Organic MSW

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• Large market—over 16,000 wastewater utilities in US

– Additional market in Canada, Europe and other countries

• Major regulatory changes are occurring in disposal of wastewater solids—transformation essential (e.g. PFAS)

• HTP is only process which completely addresses changes

• Utilities will pay tipping fee for disposal of solids—solids are 50% to 60% of operating cost and going up fast

• Multiple tiers of government incentives for green outputs

• Attractive economics, IRR 15-25%

• Positive climate for infrastructure investment

Focus on Wastewater

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Output Products

HTL Oil WaterMethaneSolids with

Phosphorus

HTL Stage CHG Stage

Effluent

Water

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Offtake Pathways Identified

Biocrude is upgraded and

refined, or blended

directly with diesel fuel

Renewable Natural Gas

goes into gas pipeline—no

sulfur or siloxanes

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Highly Efficient Process

Water is sterile, clear, and

conserved; contains plant nutrients

>85% of feedstock carbon to oil and gas—

15% of produced fuel energy runs the process—C.I. = 23

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• Incumbent technology is Anaerobic Digestion and most projects will face this competition

– Only disposes of half the waste

– Sensitive to feedstock and messy to handle failures

– Users are eager for an alternative

• HTP completely eliminates waste and is cost-competitive

– Renewable fuels and elimination of solids handling produce superior returns for HTP

– Transformative technology for transition from AD

Competitive Landscape

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Project 1: Processing Algae Since 2017

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Project 2: Containerized System, 2019

Onsite tests with various wastes—e.g. dairy cow manure

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Project 3: 2021 Startup

Wastewater Processing

Vancouver, Canada

2 dry metric tons per day

Metro Vancouver;

Refining Partner

is Parkland Fuel

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Project 4: 2022 Startup

Central Contra Costa Sanitary

District, Martinez, CA

2 dry metric tons per day

Refining Partner

is Kern Oil & Refining

Bakersfield, CA

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Market Profile (HTP Systems)

Flow (MGD) Pop. Served No. of Sites Dry t/d Avg. Cost $M Total $M

<0.5 <1,000 1,000 <0.1 <$1.0 $3,000

0.5 1,000 6,363 0.1 $1.0 $6,363

3.0 8,000 5,520 1.0 $4.3 $23,736

30 100,000 2,686 10 $22 $57,749

300 800,000 414 100 $110 $44,505

8000 2,300,000 31 250 $250 $6,327

TOTAL 16,014 TOTAL$ $141,680*

*Redundancy, site work, and O&M increase total market to more than $300 Billion

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The Genifuel Team

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Thank You!